IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC committed a record $31.5 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of the COVID-19 pandemic. For more information, visit http://www.ifc.org.
Gender is a cross-cutting corporate priority for IFC, as highlighted in the World Bank Group’s Gender Strategy. Gender equality is not only a social and moral imperative, but also an economic necessity. Across the world, countries are losing $160 trillion in wealth because of differences in lifetime earnings between women and men.
To help close this gap, IFC’s Gender and Economic Inclusion Group (GEIG) works toward a private and public sector that provides women, men, and underserved communities with equal economic opportunities as leaders, employees, entrepreneurs, consumers, and community members. We develop research and evidence on the business case and solutions for reducing gender gaps and including underserved groups; support mobilization through impact investing and social bond principles; work with IFC funds and clients to identify good practices; forge public and private sector partnerships; and provide tailored operational solutions that create economic opportunities and development for all.
In 2020, based on client demand and increasing fragility around the world especially due to COVID-19, GEIG expanded its focus to cover broader aspects of economic inclusion beyond gender and to develop client solutions and guidance for IFC staff, clients, and partners to apply an inclusion lens to their operations and meet needs of women, men, persons with disabilities, and sexual and gender minorities or LGBTI people across all age groups. Diversity, Equity, and inclusion (DEI) is linked to business productivity, innovation, and profitability, and is widely considered by leading companies around the world to be a critical component of business strategy and growth.
Advancing economic inclusion means creating an economy that works for everyone. An inclusive economy ensures that all parts of society, especially poor or socially disadvantaged groups, regardless of their gender identity, sexual orientation, place of birth, family background, racial identity, age, ability, or other circumstances, over which they have no control, have full, fair, and equitable access to market opportunities as employees, leaders, consumers, business owners, and community members. This includes legal frameworks, labor markets, finance and entrepreneurship, and the distribution of goods and services. In IFC’s operational context, GEIG focuses on the economic inclusion of underserved groups including women, sexual and gender minorities, people living at the base of the pyramid, and persons with disabilities.
GEIG is seeking an experienced Economic Inclusion Extended Term Consultant (ETC) to help expand and scale its work and deliver client solutions covering economic inclusion beyond gender with a focus on two key underserved groups: persons with disabilities and LGBTI people/sexual and gender minorities across all age groups.
The scope of the role includes research and thought leadership; delivery of high-quality advisory to private sector clients, governments, and partner organizations; peer learning and partnerships; corporate support and capacity building; project management including reporting and fundraising; and knowledge management and communications.
Roles and Responsibilities:
Research & Thought Leadership:
• Help expand IFC’s thought leadership and strategy beyond gender to include research, market scoping, case studies, and guidance notes on economic inclusion in key emerging markets and sectors to provide insights to internal and external stakeholders, including helping IFC investment teams identify investment opportunities to bridge economic inclusion gaps.
• Support new and innovative research in collaboration with the World Bank and other partners to highlight the business case, market scope, and good practices for economic inclusion of persons with disabilities and sexual and gender minorities across all age groups.
• Continue to build on and enhance IFC’s thought leadership on advancing the employment and skills, access to inclusive banking and financial services, as well as childcare and family-friendly support for persons with disabilities and sexual and gender minorities.
Peer Learning & Partnerships:
• Maintain WBG-wide collaboration and knowledge-sharing on economic inclusion
• Engage with and convene internal and external stakeholders, including clients, partner organizations, and other DFIs and MDBs, to take action, share knowledge, develop joint solutions, and accelerate action to ensure the economic inclusion of persons with disabilities and sexual and gender minorities
• Coordinate partnership activities with IFC’s global and regional investment, upstream, and advisory teams
Client Advisory Delivery:
• Develop, pilot, and refine new economic inclusion advisory guidance notes and toolkits for clients, building on existing IFC tools
• Advise clients together with the regional gender leads, especially in low-income and fragile settings, on conducting diagnostics and developing and implementing feasible action plans to advance economic inclusion
• Support investment, upstream, and advisory teams to integrate economic inclusion, including gender, disabilities, and LGBTI aspects, into operations. This includes delivering trainings to build capacity, reviewing project documentation such as CNs, IPs, AIMM reviews, gender flags, and publications, and providing input to SCDs, CPFs, PSDs, and SDs.
• Coordinate and collaborate with IFC HR, IFC D&I Council, WBG Racism Task Force, and other teams focused on internal diversity, equity, and inclusion (DEI).
• Monitor the program work plan, budget, human resources, timeline, and deliverables
• Provide progress reports as required by IFC, clients, donors, and development partners, according to IFC standards and guidelines
• Monitor and report on project results using IFC reporting systems (iPortal, IBIS), track performance indicators against targets, and produce project supervision reports
• Manage project budget and procurement of consultants, vendors, and contractors
• Help fundraise to support project implementation.
Communications & Knowledge Management:
• Maintain communication collateral (i.e., content for website, blogs, social media, brochures, PPTs, pitch materials, talking points, factsheets, press releases, webinars, and briefs) in collaboration with IFC’s communications team
• Consolidate and analyze lessons learned during project implementation
• Provide input to corporate talking points and briefs as required.
• Master’s degree in International Development, Gender Studies, Economics, or Business, coupled with experience in research and policy analysis required.
• 7-10 years of work experience delivering diversity, equity, and inclusion initiatives in a private sector context in several emerging markets is required
• Proven track record of managing projects with and delivering evidence-based, innovative solutions to private sector companies is required
• Strong research and analytical expertise and examples of published work in the areas of diversity, equity, and economic inclusion are required
• Excellent oral and written communication and social media skills and ability to produce knowledge accessible to a range of stakeholders are required
• Excellent English language skills are required, additional languages helpful.
• Experience in translating analytical work into policy advice and recommendations is preferred
• Demonstrated knowledge of, and technical competency in, broad and cutting-edge issues related to gender, economic inclusion, and private sector is preferred
• Familiarity with WBG and IFC processes, systems, and initiatives is preferred
• Ability to travel and work across time zones is preferred.
• Good interpersonal skills and demonstrated ability to lead a team of professionals and leverage internal and external relationships to foster innovation and work effectively across boundaries in a fast-paced multicultural and virtual environment
• Positive and collaborative attitude and dedication to excellence and professionalism; significant attention to detail and decisive decision-making
• Excellent strategic vision and ability to see the “big picture” of country, regional, and global private sector context and translate it into the goals and activities of the project
• Strong focus on proactive, consistent, and timely delivery of results and solutions for clients, governments, and donors, with a focus on creating business value and development impact.
World Bank Group Core Competencies
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
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Note: The selected candidate will be offered a one-year appointment, renewable for an additional one year, at the discretion of the World Bank Group, and subject to a lifetime maximum ET Appointment of two years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their second-year ET appointment are not eligible for future ET appointments.
|Country:||-- United States|
|City, State:||Washington D.C.|
|Closing date:||December 8, 2021|